By Jack Arnhold, Contributing Reporter

RIO DE JANEIRO, BRAZIL – According to the latest FipeZap Commercial Index, commercial real estate prices in the four Brazilian cities of Rio de Janeiro, São Paulo, Belo Horizonte and Porto Alegre recorded a marginal drop in both the average selling price of -0.06 percent and also in the average rental price of -0.44 percent in March 2018.

Rio de Janeiro remained at the top of the sales ranking, with an average per square meter price of R$10,674 while São Paulo remained at the highest average per square meter rental . . .

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